By Ebi Kesiena
Kenya has emerged as the second-highest country in Africa for the number of projects blacklisted by the African Development Bank (AfDB), raising alarming development concerns.
As of Thursday, September 26, 2024, both Kenya and Uganda have recorded nine sanctioned projects each since 2013, highlighting significant issues with ethical practices in project awards.
This troubling statistics reflects a broader pattern of misconduct among firms competing for valuable contracts, with Kenya’s record showcasing 18 sanctioned projects alongside Uganda’s.
The sanctions primarily arise from fraudulent activities, such as the submission of falsified financial documents and undisclosed conflicts of interest, which undermine the integrity of the bidding process.
Notably, Nigeria leads the continent with 12 sanctioned projects, further emphasizing the urgent need for enhanced oversight and transparency in project management.
The AfDB’s investigations have uncovered serious violations, including the use of forged performance bonds and guarantees, as well as the issuance of false project completion certificates.
Such unethical practices not only threaten the successful implementation of projects but also tarnish Kenya’s reputation as a trustworthy recipient of international funding.
The ramifications of this blacklist could deter future investments and hinder the country’s developmental progress.
In light of these findings, there is a pressing call for stricter regulatory measures to ensure that ethical standards are upheld in the procurement and execution of development projects, ultimately safeguarding Kenya’s position in the international financial landscape.